Microsoft commits to a major AI data center powered by Nscale and Nvidia, planning a large-scale GPU deployment by 2027 to boost its computing capacity significantly.
Meta Platforms launches a $10 billion data center in Lebanon, Indiana, accelerating AI infrastructure to support new AI models and expanding its advertising business with significant clean energy com…
Nvidia is investing $500 billion in AI server production in the US, boosting revenue tenfold in Singapore. However, Bank of America advises a short-term rotation away from AI spenders like Nvidia tow…
Nvidia boosts its stake in CoreWeave with a $2 billion stock purchase and expands partnership to build up to 5 GW of AI infrastructure by 2030, showcasing confidence in AI-driven growth despite near-…
Meta cuts 10% of its VR workforce to refocus on AI initiatives, delaying some VR product rollouts while investing $70 billion in AI infrastructure and talent through 2024 and beyond.
OpenAI, SoftBank, and SB Energy partner to invest $1 billion in next-gen AI data centers, with initial facilities operational by 2026, potentially benefiting Microsoft’s AI cloud services.
Elon Musk's AI company xAI is investing over $20 billion to build a major data center in Mississippi, set to boost AI computing power and generate jobs beginning February 2026.
Tech giants including Amazon, Google, and Meta are raising significant debt to fund AI infrastructure, signaling strong investment but raising concerns about an AI bubble and increased costs ahead.
Wedbush Securities upgraded Meta to 'Best Ideas' with a $920 target, highlighting AI data center investments and potential 51% gains despite rising debt concerns.
Meta Platforms shares fell nearly 2% post-earnings due to rising AI infrastructure costs and margin pressure, but long-term prospects remain positive with ongoing AI model development and platform in…
Riot Platforms posted record Q3 revenue driven by Bitcoin mining yet is shifting strategy to monetize power megawatts via data centers, targeting a 1-gigawatt campus in Texas and supporting AI infras…
Meta is investing $1.5 billion to build a scalable AI-enabled data center in El Paso, Texas, creating significant construction and operational jobs to support its expanding AI infrastructure needs.
Nvidia joins UAE-backed G42 and partners to build a major AI campus powered by renewable energy, with the first 200MW phase launching in 2026 amid ongoing security and export license concerns.
OpenAI and Oracle plan a major Texas data-hub expansion as Nvidia pledges up to $100 billion to support OpenAI's infrastructure; Eli Lilly commits $6.5B to a Houston plant, while Powell warns of two-…
Nvidia pledges up to $100B with OpenAI to build 10GW of AI data centers; Apple jumps on strong demand for redesigned iPhone and wearables; crypto markets plunge amid heavy liquidations, while tech st…
Microsoft plans to invest over $30 billion in UK operations and AI infrastructure across four years, adding $15.5 billion in capex and 23,000 advanced AI chips amid improving UK business climate.
OpenAI raised its projected cash burn to $115 billion through 2029 and forecasts $200 billion sales by 2030, raising funding and dilution concerns for investors and threatening revenue streams to par…